Attacks targeting cloud-based data nearly doubled in 2019 as companies shifted more of their valuable information off-premises and misconfigurations and other issues made it more vulnerable, according to the 2020 Verizon Data Breach Investigations Report. Observers expect the trend to continue this year.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about surging COVID-19 themed scams and other "illicit activities," ranging from fraud involving the sale of fake cures, tests and vaccines to price gouging for supplies.
Although FBI technicians were able to gain access to data in two iPhones belonging to a Saudi national who killed three U.S. sailors at a military base in Pensacola, Florida, the Justice Department continues to criticize Apple's refusal to offer law enforcement a backdoor to its encrypted devices.
Business and security leaders accept that a hybrid workforce is the new norm - some staff members based in a central office and many others permanently working at home. But what new cybersecurity demands does this strategy present short-term and into 2021? Our expert panel shares insights.
Mphasis, the IT service management company, has made many adjustments to its risk management strategy - including wider use of multifactor authentication - as a result of more staff members working from home, says Sethu S. Raman, senior vice president and chief risk officer.
Covve Visual Network Ltd., a Cyprus-based app developer, acknowledges that it's the owner of 90GB of data - including tens of millions of records - that apparently was left exposed on an open Elasticsearch database. A portion of the data was posted on a forum for trading data leaks.
Besides hospitals and academic institutions, dozens of nonprofits, including nongovernmental organizations - or NGOs - around the world must protect their COVID-19 research and related activities from those seeking to steal data or disrupt their operations, says cyber risk management expert Stanley Mierzwa.
More ransomware-wielding gangs are not just crypto-locking victims' systems, but also stealing and threatening to leak data unless they get their demanded bitcoin ransom payoff. A growing number of security experts believe the strategy is leading more victims to pay.
Organizations must carefully re-examine their security procedures to make sure they're adequate for the new work-from-home environment during the COVID-19 crisis, says Shelton Newsham, a British law enforcement official who specializes in cybersecurity. He reviews key questions to ask.
Australia's Parliament passed a new law on Thursday to deal with a range of legal and privacy concerns arising from its quickly developed contact-tracing app, COVIDSafe. Misusing data and other offenses could garner a five-year prison sentence.
If an organization fails to stop a ransomware attack, how does it recover the data? Backups, of course, are essential. But Peter Marelas of Dell Technologies says organizations should have a well-developed strategy for backups because attackers are increasingly targeting those systems as well.
The latest edition of the ISMG Security Report discusses securing RDP to prevent ransomware attacks. Also featured: A look at three likely scenarios for the COVID19 pandemic, and an analysis of why we're still using PINs for certain card payments.
A sophisticated hacking group associated with the North Korean government that's been tied to a number of high-profile attacks, including WannaCry, is using three new malware variants, according to the U.S. Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.